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Newtech Heating Spares Limited

02395690

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

NEWTECH HEATING SPARES LIMITEDT, LEYTONSTONE, E11 4JT
Incorporated 15/06/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation
99999
Dormant company

Officers

Mr Jagjeet Singh Bansal

secretary · Since 31/12/1990

BRITISH · ENGLAND · Age 68

Also on 19 other boards

Mr Jagjeet Singh Bansal

director · Since 31/12/1990

BUSINESSMAN

BRITISH · ENGLAND · Age 68

Also on 19 other boards

Persons with Significant Control

Mr Jagjeet Singh Bansal

75–100% shares
75–100% votes
Appoint directors

British · England · Age 68

Newtech Heating Spares Limitedt, Leytonstone, E11 4JT

Notified 15/06/2016

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 27/04/1993Registered 05/05/1993

CompanyRankvs 9254+ SIC 43220 peers
54

Financial strength45th percentile among SIC peers · 11/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 2.21× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength11/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/02/2025

Net Worth

£3k

Balance sheet strength

Cash

£24

Cash in the bank

Net Current Assets

Working capital

Current Assets

£5k

Current Liabilities

£2k

Debtors

£5k

1avg. employees
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20252.21+£0
20242.21+£0
20232.21+£0
20222.21+£0
20212.21+£0
20202.21+£0
20192.21+£0
20172.21

Derived from filed accounts. Not audited figures.